Remodeled Duplex on Five
For Sale
$1,140,000
11305-7 Rocky Ln, Lakeside, CA 92040
MULTI_FAMILY - Lakeside, CA
Property Size1,950 SF
Lot Size5.00 Acres
Price / SF$584.62
Days on Market23
Property Features for 11305-7 Rocky Ln
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 5
Subdivision
Lakeside (LK)
Standard status
Active
APN
391-090-06-00
Size
1,950 SF
Lot size
5.00 Acres
Utilities
Heating system
Zoned
Cooling system
Zoned
Amenities
solar
Building Details
Year built
1960
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
Keller Williams San Diego Metro · Keller Williams Realty
(619) 233-5935
Listed By:
Christopher Spade · License #01785713
(619) 818-2992
Added: Jul 15
Changed: Aug 6
Last Checked: Aug 6 at 6:06AM
MLS# 260013924
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property consists of two homes on one parcel. Unit 1 is described as a 2-bedroom, 2-bath residence with approximately 650 square feet. Unit 2 is described as a 3-bedroom, 2-bath home with approximately 1,300 square feet of completely redone living space; the remarks also state five bedrooms and four bathrooms.
The homes are presented as fully remodeled, with solar mentioned in the remarks. Two separate septic tanks and two separate driveways are also noted, providing independent access for each home. The property is located at 11305-7 Rocky Ln in Lakeside, San Diego County, California (92040).
The homes are presented as fully remodeled, with solar mentioned in the remarks. Two separate septic tanks and two separate driveways are also noted, providing independent access for each home. The property is located at 11305-7 Rocky Ln in Lakeside, San Diego County, California (92040).
Key Highlights
- Two homes on a single 5‑acre parcel in Lakeside
- Unit 1: 2 bed / 2 bath home with ~650 sq ft
- Unit 2: 3 bed / 2 bath main home with ~1,300 sq ft and five bedrooms / four bathrooms total
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.7k | $27.00 |
| − Vacancy | −$2.7k | −$1.40 |
| EGI | $49.9k | $25.60 |
| − OpEx | −$15.0k | −$7.68 |
| NOI | $34.9k | $17.92 |
1,950 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$499.1K
$436.7K – $582.3K
NOI $34,939 @ 7.0% cap · market cap 3.06%
Second Best
Apartment 5plus
$462.9K
$405.0K – $540.0K
NOI $32,400 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$893.4K
$781.8K – $1.04M
NOI $62,540 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
85
Businesses Nearby
Explore this area
Business Placement
Demographics for 92040, CA
43,640
Population
16,147
Households
2.7
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
67.2 sq mi
ZIP Area
649
Density / Sq Mi
$103,585
Median Household Income
$49,413
Median Earnings
$1,908
Median Rent
$648,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two remodeled homes with separate driveways and septic systems on a single five-acre parcel.
Where is this duplex located?
The property is located at 11305-7 Rocky Ln Lakeside, CA.
What is the asking price?
The asking price for this property is $1,140,000.
What are key features of this property?
This property features: Two homes on a single 5‑acre parcel in Lakeside; Unit 1: 2 bed / 2 bath home with ~650 sq ft; Unit 2: 3 bed / 2 bath main home with ~1,300 sq ft and five bedrooms / four bathrooms total
